Would you trade 5712SS

[np2016]

Hold on to the 5712 it's an iconic watch.

[tonoboon]

I'd let it go and get it back when the price back to normal

[bob101]

I wouldn't think about letting it go if slight possibility you might want one again in future. Will be an expensive move.

[s.m.b.]

Originally Posted by Ichiran

Keep your 5712. Some AD reflected that supply of these Nautilus has been reduced, and you can get most of these complicated pieces anytime. Save up and add will be the approach, don't lose that 5712.

My AD is actually getting more 5712/1As than 5711/1As this year. Of course, switching to the new movement may have something to do with it. Crazy.

[patriot885]

Originally Posted by Grisha40299

I have had my 5712 in SS for over 3 years. Absolutely love the watch and wear at least few times per week. However due to current market was pondering with idea to trade for something with “complicated movement” or vintage. I currently have Daytona and GMT as well.

1. Would you trade It?

2. What watch would you consider to trade it towards ? I think I can get in mid $50s in trade value.

Some of the ones I’ve considered are Lange Datograh, Vintage Daytona ( not sure if I can find one at this range), AP Perpetual

Adding money is not really an option. I was curious to get feedback from fellow enthusiasts. I know it’s ultimately my decision but appreciate your thoughts.

Thanks in Advance!

The figure of 50K-60K is not significant enough to trade a watch that you like and wear often, because of the simple reason that buying a 50K watch for wearing is not unusual, so you would do it anyway if you liked it and you didn't have it already (i guess). Second, IMO, the only watch worth trading a watch as described (which you like) is to a really serious piece, a Grand Complication which you can't get in this price range (as far as i know).
Anyway, DO NOT trade it to another watch which isn't a Patek, if this is your only Patek. The vintage Daytona? it's like a Vintage car, different category. You won't find there what you so in a new Patek.

[Cru Jones]

If there is a specific reference over which you’ve lusted but never thought possible, sure, why not?

If it’s just to take advantage of the worth of the 5712, I wouldn’t, because you enjoy to wearing it.

[MCMartiny]

This thread neatly sums up my views on the much discussed subject of watches as investments:

1) It is very rare that you are going to actually make a return that beats the market on a watch. However, a Nautilus / Aquanaut bought a few years ago and/or at retail is now entering this territory (for how long this will persist is an interesting question, my gut feeling is that "what goes up must come down").

2) When this rare circumstance actually occurs and the market price is high (perhaps due to a bubble) the watch in question unfortunately turns out to not at all be investment grade simply because in the end you cannot bring yourself to part with it.

[fuigo]

I totally agree to what you’re saying, especially what goes up must come down....

Originally Posted by MCMartiny

This thread neatly sums up my views on the much discussed subject of watches as investments:

1) It is very rare that you are going to actually make a return that beats the market on a watch. However, a Nautilus / Aquanaut bought a few years ago and/or at retail is now entering this territory (for how long this will persist is an interesting question, my gut feeling is that "what goes up must come down").

2) When this rare circumstance actually occurs and the market price is high (perhaps due to a bubble) the watch in question unfortunately turns out to not at all be investment grade simply because in the end you cannot bring yourself to part with it.

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[ppalasthira]

Originally Posted by SL BRABUS

I would do it for a 4 digit Daytona only if it in excellent condition....

Yes exactly what’s on my mind.


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[Xerxes77]

Keep it!

[V25V]

Negative.


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[bob101]

Originally Posted by ppalasthira

Yes exactly what’s on my mind.


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Only chrono I'd consider moving it for is 5980a in blue.

[fidd]

I would keep it.

[clu]

I’d keep it if I were you

[Grisha40299]

I appreciate everyone’s feedback! I know I love this one and not sure if I would enjoy another piece in the same way. Im pretty certain it’s staying and I need to ignore the fact of increased value over years and just continue to enjoy the timepiece.
Those of you that stated the fact that I will not be able to get another one are correct. Knowing myself, it would bother the heck out of me that I let it go and not be able to replace it.

Thanks for everyone’s feedback.

[Tan]

It depends what you care about. Do you care about value retention and/or growth potential of the piece? If so, stick with the 5712 since it will probably beat out most watches in that regard. If you care about complications and the art of horology, with that amount you can tread into grand complications territory and/or access some pretty unique high end pieces. Once you know what means most to you, you'll have your decision.

[Dana1]

In my opinion, I'll keep it for sure

[jerryguo]

I would sell or trade while the price is high. Watches are accessories and not essentials, I don't think the current market is sustainable.